The board approved the acquisition under Merger and acquisition Related Guidelines for Public Company, 2079.
Asha Laghubitta obtained NRB approval for the acquisition on June 6.
The companies signed merger/acquisition agreement on April 12.
Asha Laghubitta headquarterd at Madarpur, Nuwakot is acquiring Rastra Utthan Laghubitta head quartered at Sanga, Banepa, Kavre.